Representative Work: Increased Interest Rate

In a precedent-setting decision in the Bankruptcy Court for the District of Oregon, we established the market rate of interest for unpaid ad valorem real property taxes at 15%, only one percentage point lower than the Oregon statutory rate. Counties had typically recovered less than 10%. We introduced expert testimony to establish the market rate for a Chapter 13 debtor. This precedent has endured for the last two years. Return to Representative Work